Rapyd
Rapyd is a UK (outside the EU/EEA) fintech-infrastructure provider (Payment gateway, Cross-border payments / FX, IBAN sponsor). Verified at source - licence, regulator and registry reference. Active
Free for buyers: describe your use case and we check it against Rapyd and verified alternatives - licence, data residency, fit for your market - then introduce you to the right person. Reply within 1-2 business days.
Who it's for
Rapyd is built for merchants and platforms accepting online payments with the local methods European customers expect. It holds its own e-money licence, so programmes can run under its umbrella with safeguarded client funds. Verified stand-outs: local IBANs in GB, DE, DK.
Sovereignty profile
- Data residency (EEA): Yes - hosted in the EEA - GDPR / CLOUD Act safe
- Company origin: UK (UK)
- Ownership / control: no change of control on record
- Local IBANs: GB; DE; DK
- Client funds: safeguarded (segregated at a credit institution) - ring-fenced from creditors, not deposit-guaranteed
What Rapyd does
Capabilities & rails
- Payment rails (documented): SCT
- Account model: Virtual
- Account currencies: EUR; GBP; USD; CHF; PLN; CZK; SEK; NOK; DKK; HUF; RON
Verified licence profile
Rapyd (London, UK; Israeli-founded, 2016) - fintech-as-a-service: global acquiring, payouts and wallets. EEA licence via Rapyd Europe (Iceland EMI) after acquiring Icelandic acquirer Valitor (USD 100m, 2022); also bought PayU GPO (USD 610m, 2023). Register-sourced: E-money institution (EMI), Central Bank of Iceland, ref 5006830589; passported to 30 EEA states. Offers virtual IBANs (vIBAN) in Europe via Rapyd Virtual Accounts - local collection accounts in 40+ countries. Virtual-account docs list GB/DE/DK IBANs (DE reaches 36 SEPA countries).
Verified 2026-07-19. How we verify → · Official website: rapyd.net · Spotted something out of date? Report a correction.
Official register entries
- E-money institution (EMI) - Central Bank of Iceland · Ref 5006830589 · Active (EBA PSD2 register, as of 2026-09-18)
- E-money institution (EMI) - Central Bank of Iceland · Ref 4306023650 · Active (EBA PSD2 register, as of 2026-09-18)
- E-money institution (EMI) - Financial Conduct Authority (FCA) · Ref 900688 · Active (FCA Financial Services Register, as of 2026-09-18)
Register-sourced. See the full European Fintech Index. Registers have no legal significance - always confirm current status with the home regulator.
Timeline
- 2023 [m&a] Acquired PayU GPO (USD 610m)
- 2022 [m&a] Acquired Valitor (USD 100m)
European alternatives to Rapyd
Paysera EU core EMI Lithuania · EEA: YesShared: IBAN sponsor, Payment gateway, Cross-border payments / FX, Local IBANs
Lemonway EU core EMI France · EEA: YesShared: Payment gateway, IBAN sponsor, Accounts: Virtual, Local IBANs
Mangopay EU core EMI Luxembourg · EEA: YesShared: IBAN sponsor, Payment gateway, Accounts: Virtual, Local IBANs
TransferMate EU core EMI Ireland · EEA: YesShared: IBAN sponsor, Cross-border payments / FX, Accounts: Virtual, Local IBANs
ECOMMBX EU core EMI Cyprus · EEA: YesShared: IBAN sponsor, Cross-border payments / FX, Local IBANs
Genome EU core EMI Lithuania · EEA: YesShared: IBAN sponsor, Cross-border payments / FX, Local IBANs
FAQ
Is Rapyd European / EEA-based?
Yes. Rapyd hosts data in the EEA (GDPR / CLOUD Act safe); origin UK, UK.
What does Rapyd do?
Rapyd covers: Payment gateway, Cross-border payments / FX, IBAN sponsor. Verified at source by Fintechnologica.
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